Best Gross Volume Total in Routt County Since 2008!

Thank you Melissa Gibson of Land Title for the following report: “December ended 2014 on a great note with $58.17M in Gross Sales and 121 transactions! Compared to last December, Gross Volume was up by +69.29% while transactions were up 10%.

The December numbers helped end the year with just under $600M in Gross Sales and 1,360 transactions for 2014. That is the best Gross Volume total in Routt County since 2008! Compared to 2013, that equates to +18.79% in Gross Volume and +6.42% in number of transactions.

Snapshot values closed the year strong compared to 2013:

Average Sales Prices:
Single Family +10%
Multi Family +11%
Vacant Land +2%
Median Sales Prices:
Single Family +15%
Multi Family +9%
Vacant Land +20%
PPSF/PPAC:
Single Family +15%
Multi Family +6%
Vacant +25%

There were 3 Bank sales in December compared to 5 in October.

There were a total of 126 DOT recordings; with 47% of Sales Transactions having financing at the time of sale – and 53% closing with Cash.”

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